Amortize Definition & Meaning - Merriam-Webster
The meaning of AMORTIZE is to pay off (an obligation, such as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund. How to use amortize in a sentence.
What Is an Amortization Schedule? How to Calculate With Formula
Sep 28, 2024 · Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a loan, amortization focuses on...
Amortization vs. Depreciation: What's the Difference?
Aug 31, 2024 · Amortization is the practice of spreading an intangible asset's cost over that asset's useful life. Depreciation involves expensing a fixed asset as it's used to reflect its anticipated...
Amortized Loan: What It Is, How It Works, Loan Types, Example
Jul 18, 2024 · An amortized loan is a type of loan that requires the borrower to make scheduled, periodic payments that are applied to both the principal and interest. An amortized loan payment first pays...
Amortization Calculator
This amortization calculator returns monthly payment amounts as well as displays a schedule, graph, and pie chart breakdown of an amortized loan.
What Is Amortization? - The Balance
May 10, 2022 · Amortization is the process of spreading out a loan into a series of fixed payments. The loan is paid off at the end of the payment schedule. Definition and Examples of Amortization. Amortization is the way loan payments are applied to certain types of loans.
Amortization | Meaning & Examples - InvestingAnswers
In accounting, amortization refers to the process of expensing an intangible asset's value over its useful life. It is comparable to the depreciation of tangible assets.